LO 5.4The costs to be accounted for consist of which of the following?

costs added during the period

costs of the units in ending inventory

costs started and transferred during the period

costs in the beginning inventory and costs added during the period

Question

Business

Kaiden Turner

8 September, 14:51

LO 5.4The costs to be accounted for consist of which of the following?

costs added during the period

costs of the units in ending inventory

costs started and transferred during the period

costs in the beginning inventory and costs added during the period

+2

Answers (1)

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Skyla · Answer 1

The costs to be accounted for consists of costs in the beginning inventory and costs added during the period.

The correct answer is D

Explanation:

In process costing, costs to be accounted for is the aggregate of costs in the beginning inventory and costs added during the period.

LO 5.4The costs to be accounted for consist of which of the following?costs added during the periodcosts of the units in ending inventorycosts started and transferred during the periodcosts in the beginning inventory and costs added during the period

LO 5.4The costs to be accounted for consist of which of the following?

costs added during the period

costs of the units in ending inventory

costs started and transferred during the period

costs in the beginning inventory and costs added during the period